A USD 500 million floating-rate bond has been listed under a USD 40 billion Medium Term Note Programme, marking one of the narrowest issuance spreads achieved by a Chinese bank for a three-year maturity. Moreover, the listing reflects strong recognition of the issuer’s credit quality and its global funding strategy. With this addition, the total outstanding value of the institution’s debt instruments on the exchange has reached about USD 1.9 billion across several tranches and maturities.
Ceremony Highlights Growing Cross-Border Cooperation
To commemorate the listing, Consul General of China in Dubai Ou Boqian rang the market-opening bell alongside senior leaders from the exchange. During the ceremony, Ou Boqian emphasized: “The bond issuance by Bank of China not only reflects the influence of Chinese institutions in the international capital markets but also further underscores Dubai’s status as an international financial centre in the Middle East. In recent years, China-UAE financial cooperation has yielded fruitful results. The successful listing of these bonds serves as a powerful testament to the deepening and broadening of financial collaboration between the two countries.”
In addition, Hamed Ali said: “Bank of China has built a longstanding and trusted relationship with Nasdaq Dubai, and we are delighted to welcome the Bank’s latest bond listing. Dubai continues to serve as a strategic bridge between China and global capital markets, offering issuers a transparent, internationally aligned platform and access to a deep and geographically diverse investor base. Listings of this calibre highlight the strength and resilience of our marketplace.”
Expanding Role of Chinese Issuers
Chinese institutions have now raised more than USD 27 billion through listings on the exchange, and this activity includes milestone transactions such as the first bond issuances in the Middle East by China’s Ministry of Finance and China Development Bank. Furthermore, the total outstanding value of debt securities on the platform has surpassed USD 145 billion, reinforcing its position as a leading venue for international fixed-income instruments and a central hub for global capital flows.
